Job Description
KEY RESPONSIBILITIES
Market Analysis
Plan and develop merchandising strategies that balance customers’ expectations and company’s objectives.
Conduct market research to understand consumer trends, competitor strategies, and overall market dynamics.
Analyze sales data and customer feedback to identify popular products and emerging
Product Assortment Planning
Assortment Strategy: Develop and implement a comprehensive product assortment strategy aligned with the brand's positioning and target market.
Seasonal Planning: Plan assortments for different seasons, taking into account trends, customer preferences, and historical sales data.
Supplier Relationship
Build and maintain robust relationships with suppliers, negotiating favorable terms and resolving any issues that may arise.
Evaluate supplier performance based on factors such as product quality, reliability, and adherence to delivery schedules.
Inventory Management/Control
Plan and manage inventory levels to meet customer demand while minimizing overstock or stockouts.
Utilize inventory management systems to monitor product performance, sales velocity, and stock turnover.
Implement strategies such as markdowns, promotions, and discounts to optimize inventory and maximize sales.
Sales growth/Profitability
Evaluate the brand's sales growth over time.
Sales Performance: Analyze sales data to assess the performance of product assortments and identify prospects for improvement.
Margin Optimization: Implement strategies to optimize gross margins, balancing competitive pricing with profitability goals.
Budget Management
Evaluate the brand's sales growth over time. Positive sales growth indicates increasing demand for the brand's products, while negative growth may signal challenges.
Develop and manage budgets for buying and merchandising activities, ensuring that financial goals are met.
Track expenses related to procurement, logistics, and marketing to optimi
📌 Buying And Merchandising Lead Mumbai (India)
🏢 Metro Brands
📍 India
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